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Mirae Asset outlines $109 billion digital asset expansion

Mirae Asset plans a $109 billion digital asset business called Digital X, covering cryptocurrencies, stablecoins and tokenized assets, The Korea Times reported, according to Cointelegraph.

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Mirae Asset outlines $109 billion digital asset expansion
South Korean financial group Mirae Asset is planning a digital asset business valued at $109 billion, according to The Korea Times, as reported by Cointelegraph. The proposed operation is intended to cover three areas of the digital asset market: cryptocurrencies, stablecoins and tokenized assets. The plan, referred to as Digital X, would give the group a broad focus across crypto-related products and blockchain-based financial instruments. The report does not provide further details on the timeline, specific products or implementation of the strategy. The announcement places Mirae Asset among traditional financial firms assessing opportunities across the expanding digital asset sector. Investors tracking crypto markets may monitor the group’s plans for potential developments involving digital assets, stablecoins and tokenization.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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